price elasticity of demand
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English
[
edit
]
Noun
[
edit
]
price
elasticity
of
demand
(
economics
)
An economic metric designed to measure how sensitive quantity demanded is to a change in the price of a good/service.
Translations
[
edit
]
sensitivity of demand to change in price
Finnish:
kysynnän
hintajousto
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en:Economics
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